I received the MSTR and 4-hour BTC and ETH 4-hour sheets. Thank you.
With regards the BTC and ETH 4-hour sheets:
See below:
If you look at the formula in J5, you'll see I multiplied 365 * 6. This is the number of 4-hour periods there are per day. I.e. 365 x 6 to annualise the period return. Doing this gives the correct Annualised Return in J5. In your ETH sheet 253.62% per annum.
The number "3.98" in J7 is a ratio, not a percentage, calculated by dividing the Profit / Loss by the Max Drawdown to express the reward in terms of risk taken, where risk is defined as max drawdown. In the ETH sheet 22.79% (PROFIT) / 5.73% (MDD) = 3.98. Showing a return of 3.98 x the risk during the period.
Is that clear?
I notice some of the 4-hour periods are coloured a darker yellow. Why is this?
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